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Zambeef Products (LON:ZAM) Trading 2.2% Higher - Here's What Happened

Zambeef Products logo with Consumer Defensive background

Zambeef Products PLC (LON:ZAM - Get Free Report)'s share price shot up 2.2% on Thursday . The stock traded as high as GBX 4.80 ($0.06) and last traded at GBX 4.65 ($0.06). 480,135 shares were traded during trading, an increase of 41% from the average session volume of 340,303 shares. The stock had previously closed at GBX 4.55 ($0.06).

Zambeef Products Trading Up 3.3 %

The company has a market cap of £501.76 million, a price-to-earnings ratio of 4.54 and a beta of -0.48. The company has a quick ratio of 0.39, a current ratio of 1.08 and a debt-to-equity ratio of 48.34. The company's fifty day moving average price is GBX 4.35 and its two-hundred day moving average price is GBX 4.14.

Zambeef Products Company Profile

(Get Free Report)

Zambeef Products PLC, together with its subsidiaries, engages in the agri-businesses in Zambia, Nigeria, and Ghana. It operates through Retailing and Cold Chain Food Products and Cropping and Milling segments. The company engages in the production, processing, distribution, and retailing of beef, chicken, pork, milk, dairy products, eggs, edible oils, stock feed, and flour.

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